Energiewende, Fracking and Lower Rates

Deck: 

German Energy Portfolio Grows Smaller

Fortnightly Magazine - May 2017
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In 2013, I made my first trip to Germany to see what “Energiewende” was all about. This German word means “Energy Transformation,” and Germany has made considerable effort to persuade the world with its message to phase out nuclear power and develop renewable energies in the power sector.

Germany’s new energy policy is a revolutionary, bold and new approach by anyone’s definition. When I came back from my first trip to Germany, I joined fellow Commissioner McDonald in approving a uniquely Georgian version that ushers in our own energy transition. 

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